Mule Networks: The Shadowy Masters of Loan Fraud Exposed

Alright, folks! Mule networks are the shadowy masterminds behind loan frauds and e-commerce scams, particularly in the South and Southeast Asian playgrounds like Cambodia and Myanmar. A report reveals that nearly half of Indian businesses find these networks a tough nut to crack, costing a staggering Rs 8,500 crore in just the first half of 2025. Talk about a villainous plot twist!